Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-125

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    Correct Workers Comp not expensive hence such as professional Indemnity and data and Ip theft insurances though (also paid for by IT companies contracting to clients and any decent size clients will want insurance coverage on such items with proof (certificates of currency for said polices) are quite pricey, For example contracts I have seen have workers comp set @ 10 mill, indemnity and Ip as separate policies to a value of 50 mill each policy before a contractor could step on site.

    My estimate of 30 staff was based on 17 developers, their would be team leads, managers and sales staff on top of the dev team so I rounded out to 30 and figured if SPX are keeping the 17 devs, they would also keep a few others too so made it 20.
    Last edited by Notthedart: 23/07/24
 
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